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Simon Templar bought 1 put option on shares of Massive Dynamic for a premium of $2.00 (per share). The strike price of the option is
Simon Templar bought 1 put option on shares of Massive Dynamic for a premium of $2.00 (per share). The strike price of the option is $30 and the stock price was $29.50. Subsequently, the price of Massive Dynamic shares fell to $28.50 and Simon sold one put option at a premium of $3.00 (per share). What was Simons profit (or loss) per share on the transactions?
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